Kingsview Wealth Management LLC Cuts Holdings in iShares MBS ETF $MBB

Kingsview Wealth Management LLC decreased its stake in iShares MBS ETF (NASDAQ:MBB) by 29.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 210,715 shares of the company’s stock after selling 86,842 shares during the period. Kingsview Wealth Management LLC’s holdings in iShares MBS ETF were worth $20,050,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. FSC Wealth Advisors LLC increased its stake in iShares MBS ETF by 1.3% in the second quarter. FSC Wealth Advisors LLC now owns 8,559 shares of the company’s stock valued at $804,000 after acquiring an additional 107 shares during the last quarter. FWG Investments LLC. increased its position in shares of iShares MBS ETF by 4.0% during the 3rd quarter. FWG Investments LLC. now owns 2,858 shares of the company’s stock valued at $272,000 after purchasing an additional 109 shares during the last quarter. Alesco Advisors LLC increased its position in shares of iShares MBS ETF by 0.8% during the 3rd quarter. Alesco Advisors LLC now owns 13,395 shares of the company’s stock valued at $1,275,000 after purchasing an additional 110 shares during the last quarter. Lynx Investment Advisory raised its holdings in shares of iShares MBS ETF by 4.5% during the 3rd quarter. Lynx Investment Advisory now owns 2,575 shares of the company’s stock valued at $245,000 after buying an additional 110 shares in the last quarter. Finally, OMNI 360 Wealth Inc. lifted its position in iShares MBS ETF by 2.3% in the 3rd quarter. OMNI 360 Wealth Inc. now owns 4,925 shares of the company’s stock worth $469,000 after buying an additional 113 shares during the last quarter. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Stock Up 0.2%

Shares of MBB opened at $96.91 on Monday. iShares MBS ETF has a 1 year low of $90.84 and a 1 year high of $96.97. The stock has a 50 day simple moving average of $95.71 and a two-hundred day simple moving average of $95.32.

iShares MBS ETF Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, March 5th. Investors of record on Monday, March 2nd will be given a $0.3278 dividend. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date is Monday, March 2nd.

iShares MBS ETF Profile

iShares MBS ETF (the Fund), formerly iShares Barclays MBS Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results, which correspond to the price and yield performance of the Barclays Capital U.S. MBS Index (the Index). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage (GNMA). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).